Akums Drugs and Pharmaceuticals IPO Date, Rating, Price, Allocation Details

Akums Drugs and Pharmaceuticals, established in 2004, is a pharmaceutical contract development and manufacturing organization (“CDMO”) offering a comprehensive range of pharmaceutical products and services in India and abroad. As one of the leading CDMOs in India, they own the intellectual property for the manufacturing processes of several of their formulations and their core business is focused on providing end-to-end product development and manufacturing solutions to their clients. Some of their other services include formulation research and development (“R&D”), preparation and filing of regulatory dossiers in the Indian and global markets and other testing services. In addition to their core CDMO business, they are also engaged in the manufacturing and sale of branded pharmaceutical formulations and active pharmaceutical ingredients (“APIs”).

They are the largest India-focused CDMO in terms of revenue, production capacity and customers served in FY 2023 (among the CDMOs assessed by F&S) (Source: F&S Report). As a CDMO, they manufacture a wide range of dosage forms including tablets, capsules, liquid orals, vials, ampoules, bladder-filled seals, topical preparations, eye drops, dry powder injections and gummies, among others (Source: F&S Report). In FY 2024, they held a market share of 30.2% of the Indian domestic CDMO market by value, up from 26.7% in FY 2021 (Source: F&S Report).

Objects of the issue

• Repayment/advance payment of debts of the company and its subsidiaries;
• Financing the company’s increasing working capital needs;
• Pursuing inorganic growth initiatives through acquisitions; and
• General business purposes.

Akums Drugs and Pharmaceuticals IPO Rating (To Apply or Not to Apply)

Brokerage IPO Review

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Akums Drugs and Pharmaceuticals IPO Date and Price Band Details

Akums Drugs and Pharmaceuticals IPO Market Lot

The Akums Drugs and Pharmaceuticals IPO minimum market lot is 22 shares with an application amount of ₹14,938. The retail investors can apply for up to 13 lots with 286 shares or an amount of ₹194,194.

Allocation and listing dates for Akums Drugs and Pharmaceuticals IPO

The IPO date of Akums Drugs and Pharmaceuticals is July 30 and the closing date is August 1. The allotment of the Akums Drugs and Pharmaceuticals IPO will be completed on August 2 and the IPO listing will be completed on August 6.

You can check the IPO listing status and IPO allotment status on the respective pages.

Akums Drugs and Pharmaceuticals IPO Form

How to Apply for Akums Drugs and Pharmaceuticals IPO? You can apply for Akums Drugs and Pharmaceuticals IPO through ASBA which is available in your bank account. Simply go to the online banking login and apply through your bank account by selecting Akums Drugs and Pharmaceuticals IPO under the investment section. The other option is that you can apply for Akums Drugs and Pharmaceuticals IPO through IPO forms which you have downloaded from NSE and BSE. Check out the Akums Drugs and Pharmaceuticals forms – Click on BSE forms and NSE forms. Download blank IPO forms, fill them and submit them to your bank or to your broker.

Akums Drugs and Pharmaceuticals Company Financial Report

Akums Drugs and Pharmaceuticals IPO Valuation – FY2024

Check Akums Drugs and Pharmaceuticals IPO valuation details such as earnings per share (EPS), price to earnings ratio, return on net assets (RoNW) and net asset value (NAV).

Age group

• Divi’s Laboratories
• Suven Pharma
• Glandular Pharmaceuticals
• Torrent Pharmaceutical
• Alkem Laboratories
• Eris Life Sciences
• JB Chemicals
• Humanity Pharmaceuticals
• Innova Captab

• Sanjeev Jain
• Sandeep Jain
• Akums Master Trust

Akums Drugs and Pharmaceuticals IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
E-mail: (email protected)
Website: https://linkintime.co.in/

Akums Drugs and Pharmaceuticals IPO Allocation Status Check

Check Akums Drugs and Pharmaceuticals IPO allocation status on Linkintime website allocation URL. Click here

Akums Drugs and Pharmaceuticals IPO Lead Managers, also known as Merchant Bankers

• ICICI Securities Limited
• Axis Bank Limited
• Citigroup Global Markets India Private Limited
• Ambit Private Limited

Company Address

Akums Drugs and Pharmaceuticals Limited
304, Mohan Place,
LSC Saraswati Vihar,
Dehli – 110 034
Phone: +91 11 6904 1000
E-mail: (email protected)
Website: http://www.akums.in/

Frequently Asked Questions About Akums Drugs and Pharmaceuticals IPO

Please note: The Akums Drugs and Pharmaceuticals IPO price range and date have not been officially announced yet. The IPO gray market premium (Akums Drugs and Pharmaceuticals IPO Premium) will be added to the IPO gray market page once it is launched.